Thirty-two percent of Americans could be seriously in debt, according to a new survey by the Personal Finance Employee Education Foundation. This serious level of financial stress could have an impact on productivity at work and cause health problems.

The new research re-validates the organization's Personal Financial Wellness Scale, which was previously validated in 2004. The scale measures financial well-being. In 2012, it determined that 32 percent of Americans remain financially at risk.

For those who were just getting by, the numbers increased by 16 percentage points from 28 percent in 2004 to 44 percent in 2012.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.